Form 4: GoHealth CEO Vijay Kotte Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
GoHealth CEO Vijay Kotte disposed of 16,278 shares of Class A Common Stock on April 10, 2024, to cover tax obligations related to vesting restricted stock units.
Summary
- On April 10, 2024, Vijay Kotte, the CEO of GoHealth, Inc., disposed of 16,278 shares of Class A Common Stock.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of 55,555 restricted stock units granted on April 10, 2023.
- The shares were sold at a price of $9.6.
- Following the transaction, Kotte directly owns 805,304 shares of GoHealth, Inc.
Sentiment
Score: 5
Explanation: The document describes a routine transaction related to tax obligations, which is neither particularly positive nor negative.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes when restricted stock units vest.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/10/2023 | Date of grant for 55,555 restricted stock units to Vijay Kotte. |
| 04/10/2024 | Date of transaction: Vijay Kotte disposed of 16,278 shares to cover tax obligations. |
| 04/12/2024 | Date of signature for the SEC Form 4 filing. |
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